Wyckoff spring
BullishA tight box is pierced below by the wick alone and the bar closes back inside, on quiet volume — the Wyckoff shakeout that clears out weak holders
Most patterns resolve their way only 50–60% of the time — nearly half miss.
Textbook shape
How to read it
A tight range persists, then one bar pierces below the box with its wick alone and closes back inside — on quiet volume, which is the condition.
Wyckoff called this a spring: stops resting under the box get swept, weak holders are shaken out, and price returns to where it was. Quiet volume says no real selling came with that break.
Heavy volume on the break tells a different story — that may be an actual breakdown — so SQMATE only calls the quiet ones springs.
Real example
US stockMSTRDaily
Completed 2017-02-08
A window SQMATE's detectors actually flagged in past bars. It records a day that worked out — the same shape doesn't always resolve the same way.
On SQMATE
No more eyeballing charts
You don't have to flip through charts hunting for shapes. Signal watch pings your browser the moment a condition is met, patterns on your watchlist arrive by email, and the screener lists every symbol that matched today.
SQMATE draws the lines
Support lines, trendlines, channels — the lines you need to read a pattern are drawn for you, so no time goes into drawing.
Patterns aren't the whole story
The same shape doesn't always resolve the same way. It's safer to read it together with candles, volume, and market context — news, catalysts, flows.